“"too big to fall"”
seems to be how they feel, now that they have merged with AmSouth Bank. After their bailout, they picked up AmSouth and have since gone from caring to not giving a care about their customers.
Mind you, this is not an overnight review. I've been with the same bank for over 20 years, faithfully staying after each name change and merger...from Magnolia Federal Savings and Loans to Union Planters to Regions/AmSouth.
Never once did I have an overdraft. All of my banking was automatic...withdrawals and deposits, until recently. In 6 months since their merger, they have taken nearly 3K of my money in fees and overdraft charges. This is one bank that slides in the biggest amount first on overdrafts, and then charges it's $35 fee for each amount that comes through after, instead of allowing smaller (first come, first serve) withdrawals through first, thereby causing a domino overdraft effect on your account.
Friendly advice from an experienced sucker....stay far away from this one. I'm changing as we speak. Just as soon as my direct deposit gets moved to my new bank, I will no longer allow Regions to rip me off!
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